IB / Partner Agreement

1. Scope

This Agreement sets out the terms on which Bharat Sky Limited appoints you (the "Partner" or "IB") to introduce prospective clients to us under the Bharat Sky IB Programme. By applying to the programme, accepting these terms online, or receiving your first commission, you agree to be bound by this Agreement.

2. Appointment and status

We appoint you on a non-exclusive basis to introduce clients to us. You are an independent contractor. Nothing in this Agreement creates an employment, agency, partnership or joint venture relationship, and you have no authority to bind us, accept funds on our behalf, or make any representation or promise in our name.

3. Your obligations

You must:

• introduce clients only in jurisdictions where doing so is lawful and where we accept clients, and never in a restricted jurisdiction;
• hold any licence or registration required in your jurisdiction to carry on introducing activity, and provide evidence on request;
• not provide investment advice, manage client accounts, or guarantee or promise any return;
• present Bharat Sky accurately and use only marketing materials we have approved or provided, without altering them, and comply with our brand and marketing guidelines;
• not make misleading claims about risk, returns, regulation or our services, and always display the risk warning we provide;
• not handle, hold or transfer client funds in any circumstances;
• not incentivise clients with rebates, cash bonuses or trading signals unless we have approved the arrangement in writing;
• comply with all applicable laws, including anti-money laundering, data protection, advertising and financial promotion rules;
• tell us promptly about any complaint, regulatory enquiry or legal proceeding involving your introducing activity.

4. Client attribution

A client is attributed to you if they register through your tracking link or partner code and are verified and accepted by us. Attribution is recorded in the partner portal, which is the definitive record. We may re-attribute a client where we determine they were introduced by another partner, or where attribution was obtained by improper means. Clients who already have an account with us cannot be attributed to a partner.

5. Commission

We pay you revenue share on the trading activity of clients attributed to you, at the rate applicable to your tier. Revenue share starts from 30% at Associate tier and increases at Partner tier and again at Premier tier, which carries the top rate. Tier criteria and the rate applicable to your tier are confirmed in your partner account; they form part of this Agreement and may be updated by us on notice.

Revenue share is calculated as a percentage of the net revenue generated by the trading activity of your attributed clients, calculated monthly across all of your clients combined, on realised (closed) positions only. Only real deposits count; bonus and credit amounts are excluded. Where net revenue for a month is negative, the negative balance is carried forward and offset against future months before payouts resume.

Tiers are reviewed on the last day of each month. If your client base reaches the next tier during a month, the new rate applies from the following month. If it falls below your current tier, you keep your tier for a one-month grace period before any change.

Commission accrues in real time in the partner portal and is paid monthly, credited between the 5th and 7th of the following month, to a payment method in your own name, subject to a minimum payout of USD 100. Single revenue items above USD 5,000 are released after a 30-day verification period.

No commission is payable on your own trading account or on accounts of persons acting on your behalf. Chargebacks, fraudulent deposits and disputed transactions result in adjustment of the related commission. No commission is payable on activity that we determine to be abusive, including arbitrage, latency exploitation, self-referral, coordinated trading between related accounts, or activity reversed under our Terms and Conditions, and we may claw back commission already paid on such activity. We may exclude specific accounts from the revenue calculation where we reasonably consider it necessary to protect the integrity of the programme.

6. Sub-partners

Premier-tier partners may, with our written approval, introduce sub-partners. You are responsible for your sub-partners' compliance with this Agreement. You earn an additional override on the net revenue generated by your sub-partner network, at the rate confirmed in your partner account.

7. Reporting and portal

We provide you with access to the partner portal showing your attributed clients, their activity and your commissions. You may use this data only to manage your introducing business. You must keep your login credentials secure and must not share portal data with third parties.

8. Data protection

You are an independent data controller for personal data you collect from prospective clients before they register with us. You must have a lawful basis for collecting and sharing that data, provide appropriate privacy notices, and comply with applicable data protection law. We will share with you only the data needed to attribute and report on your clients, and you must keep it confidential and secure.

9. Marketing and brand

You may describe yourself as a "Bharat Sky Introducing Broker" or "Bharat Sky Partner". You may not use our name, logo or the phrase "Trade Beyond" in your own company name, domain name, social media handle or paid search keywords, and you may not run advertising that could be mistaken for our own. All use of our brand must follow our brand guidelines.

10. Confidentiality

Both parties must keep the other's confidential information, including commission rates, client data and business plans, confidential during and after this Agreement, except where disclosure is required by law or a regulator.

11. Term and termination

This Agreement continues until terminated. Either party may terminate on 30 days' written notice. We may terminate immediately where you breach this Agreement, bring us into disrepute, become subject to regulatory action, or where we are required to do so by law or the FSC.

On termination, accrued commission on activity up to the termination date is paid in the normal cycle, less any amounts owed to us. No commission is payable on activity after termination. Attributed clients remain clients of Bharat Sky.

12. Liability and indemnity

You indemnify us against any loss, claim, fine or cost arising from your breach of this Agreement, your marketing activity, or any advice or representation you make to clients. Our liability to you is limited to commission properly due and unpaid. Neither party is liable for indirect or consequential loss.

13. Amendments

We may amend this Agreement and the programme terms on 10 business days' notice through the partner portal or by email, or with immediate effect where required by law, regulation or the FSC. Continued introducing activity after the effective date constitutes acceptance.

14. Governing law

This Agreement is governed by the laws of the Republic of Mauritius and any dispute is subject to the exclusive jurisdiction of the courts of Mauritius.